Arbeitspapier
Careers and Wage Growth within Large Firms
The relationship between the worker?s career path and wage growth is studied using a longitudinal sample of large firms. The econometric analysis shows that promoted workers receive a positive wage premium even if they stay in the same job level. Demotions are associated with negative wage premiums. The wage-career dynamics generates a U-shape to the wage premiums for promotions over the hierarchical ladder. In the context of the model discussed, this shape suggests a stronger learning and/or human capital accumulation effect at the bottom of the hierarchy and a stronger job assignment effect at the top.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 336
- Klassifikation
-
Wirtschaft
Compensation Packages; Payment Methods
Personnel Management; Executives; Executive Compensation
Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
- Thema
-
Careers
promotions
wage growth
Erwerbsverlauf
Lohn
Humankapital
Schätzung
Portugal
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lima, Francisco
Pereira, Pedro Telhado
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Lima, Francisco
- Pereira, Pedro Telhado
- Institute for the Study of Labor (IZA)
Entstanden
- 2001